Consumption over the life cycle: The role of annuities

Review of Economic Dynamics - Tập 11 - Trang 566-583 - 2008
Gary D. Hansen1, Selahattin İmrohoroğlu2
1Department of Economics, University of California, Box 951477, Los Angeles, CA 90095-1477, USA
2Marshall School of Business, University of Southern California, 701 Exposition Blvd., Suite 701, Los Angeles, CA 90089-1427, USA